Joe Holding Bhd (XKLS:7096) Quick Ratio: 1.52 (As of Mar. 2026) — 69% Below Median


What is Joe Holding Bhd Quick Ratio?

Joe Holding Bhd XKLS:7096 Quick Ratio is 1.52 as of Mar. 2026, which is 69% below its 10-year median of 4.95. The stock has 5 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Joe Holding Bhd ranks better than 70.01% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Joe Holding Bhd's quick ratio for the quarter that ended in Mar. 2026 was 1.52.

Joe Holding Bhd has a quick ratio of 1.52. It generally indicates good short-term financial strength.

The historical rank and industry rank for Joe Holding Bhd's Quick Ratio or its related term are showing as below:

XKLS:7096' s Quick Ratio Range Over the Past 10 Years
Min: 1.52   Med: 4.95   Max: 14.26
Current: 1.52

During the past 13 years, Joe Holding Bhd's highest Quick Ratio was 14.26. The lowest was 1.52. And the median was 4.95.

XKLS:7096's Quick Ratio is ranked better than
70.01% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.05 vs XKLS:7096: 1.52

Joe Holding Bhd  (XKLS:7096) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Joe Holding Bhd Quick Ratio Related Terms


Joe Holding Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Joe Holding Bhd's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Joe Holding Bhd Quick Ratio Chart

Joe Holding Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.26 2.32 1.69 1.61 1.52

Joe Holding Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.59 1.57 1.58 1.52

XKLS:7096 vs ORLY, AZO, GPC: Quick Ratio Comparison

For the Auto Parts subindustry, Joe Holding Bhd's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Joe Holding Bhd Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Joe Holding Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Joe Holding Bhd's Quick Ratio falls into.



Joe Holding Bhd Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Joe Holding Bhd's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(107.035-0.723)/69.903
=1.52

Joe Holding Bhd's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(107.035-0.723)/69.903
=1.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.52 mean?
Joe Holding Bhd (XKLS:7096) has a Quick Ratio of 1.52 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Joe Holding Bhd and its competitors. This is 69% below median its historical median of 4.95. Over the past decade, Joe Holding Bhd's Quick Ratio has ranged from 1.52 to 14.26. According to the industry distribution chart, Joe Holding Bhd ranks #401 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 30%.
Is Joe Holding Bhd's Quick Ratio too high?
Joe Holding Bhd's current Quick Ratio of 1.52 is 69% below median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 14.26. The Vehicles & Parts industry median Quick Ratio is 1.05. Joe Holding Bhd's value of 1.52 is 44.8% above this industry median. Based on the distribution chart, Joe Holding Bhd ranks #401 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint.
How does Joe Holding Bhd's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Joe Holding Bhd ranks #401 out of 1337 companies for Quick Ratio. This puts Joe Holding Bhd in the upper half of its industry. The industry median Quick Ratio is 1.05. Joe Holding Bhd's value of 1.52 is 44.8% above this benchmark. Historically, Joe Holding Bhd's own Quick Ratio has ranged from 1.52 to 14.26 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 1.05, Joe Holding Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Joe Holding Bhd's current Quick Ratio of 1.52 is 44.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Joe Holding Bhd and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joe Holding Bhd's current Quick Ratio is 1.52, which is 69% below median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joe Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Joe Holding Bhd (XKLS:7096) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.06 — trading 14.3% below its estimated fair value. The current Quick Ratio is 1.52, which is 69% below median its 10-year median of 4.95 and 44.8% above the Vehicles & Parts industry median of 1.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Joe Holding Bhd (XKLS:7096), the current Quick Ratio is 1.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Joe Holding Bhd Business Description

Address Jalan Chepor 11/8, Lot 304994, Kawasan Perusahaan Seramik Chepor, Mukim Hulu Kinta, Chemor, Ipoh, PRK, MYS, 31200
Joe Holding Bhd is a Malaysian investment holding company. Along with its subsidiaries, the company operates in the following business segments: Automotive batteries, Valve Regulated lead Acid (VRLA) batteries, Investment holding, and Others. It generates maximum revenue from the Automotive batteries segment, which is engaged in the manufacture, assembly, and sale of automotive batteries and components. The Valve Regulated Lead Acid (VRLA) batteries segment manufactures, assembles, and sells sealed lead (VRLA) batteries; the Investment holding segment is involved in providing warehouse storage service and real estate with its own or lease property n.e.c.; and the Others segment represents gloves manufacturing and dormant subsidiary companies.